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Is Lululemon Stretched Too Thin? Take Profits Now

Has Lululemon Athletica (LULU) stock been stretched too far? The market will decide on Thursday when the yoga apparel company reports fiscal second-quarter earnings before the opening bell. Don't leave things to chance. Take your profits.

Since June 7, LULU has surged as much as 20%, trading from around $68 to as high as $81.81 on Aug. 25. The shares, currently at $76.85, have skyrocketed 46% for the year to date, crushing the returns of the S&P 500 (SPX) index and the sector exchange-traded fund, the...